In last trading session, Glimpse Group Inc (NASDAQ:VRAR) saw 54.2 million shares changing hands with its beta currently measuring 1.89. Company’s recent per share price level of $3.20 trading at $1.61 or 101.26% at ring of the bell on the day assigns it a market valuation of $58.16M. That closing price of VRAR’s stock is at a premium of 44.38% from its 52-week high price of $1.78 and is indicating a premium of 84.38% from its 52-week low price of $0.50. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 6.28 million shares which gives us an average trading volume of 1.05 million if we extend that period to 3-months.

Glimpse Group Inc (NASDAQ:VRAR) trade information

Upright in the green during last session for gaining 101.26%, in the last five days VRAR remained trading in the green while hitting it’s week-highest on Wednesday, 12/18/24 when the stock touched $3.20 price level, adding 0.93% to its value on the day. Glimpse Group Inc’s shares saw a change of 183.19% in year-to-date performance and have moved 113.33% in past 5-day. Glimpse Group Inc (NASDAQ:VRAR) showed a performance of 442.37% in past 30-days. Number of shares sold short was 0.36 million shares which calculate 8.05 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 12 to the stock, which implies a rise of 73.33% to its current value. Analysts have been projecting 12 as a low price target for the stock while placing it at a high target of 12. It follows that stock’s current price would drop -275.0% in reaching the projected high whereas dropping to the targeted low would mean a loss of -275.0% for stock’s current value.

Glimpse Group Inc (VRAR) estimates and forecasts

This year revenue growth is estimated to rise 36.30% from the last financial year’s standing.

1 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 3.1M for the same. And 1 analysts are in estimates of company making revenue of 3.2M in the next quarter. Company posted 2.08M and 1.9M of sales in current and next quarters respectively a year earlier.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 6.69% during past 5 years.

Glimpse Group Inc (NASDAQ:VRAR)’s Major holders

Insiders are in possession of 23.39% of company’s total shares while institution are holding 17.34 percent of that, with stock having share float percentage of 22.63%. Investors also watch the number of corporate investors in a company very closely, which is 17.34% institutions for Glimpse Group Inc that are currently holding shares of the company. SUSQUEHANNA INTERNATIONAL GROUP, LLP is the top institutional holder at VRAR for having 0.59 million shares of worth $0.61 million. And as of 2024-06-30, it was holding 3.4531 of the company’s outstanding shares.

The second largest institutional holder is VANGUARD GROUP INC, which was holding about 0.57 million shares on 2024-06-30. The number of shares represents firm’s hold over 3.2889 of outstanding shares, having a total worth of $0.58 million.